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ANNEXE “ARTICLE 23 DISPUTES AND DEFAULT 1, DISPUTES. All disputes between the two partion ia connection with the execution ofthe eootract shall be settled by the following methods: 1, Different opinion arising between the two parieg stall be settled by mutual friendly consultation. "pb, The dispute that cannot be settied by the too Ls: parties shall be referred to arbitration (Arbi- ©". ration of the International Chamber of Com merce). ‘During the dispute, the two parties shall continue to perform {heir responsibilities and bligations, preserve the completa, project except forgiving up or termination of the contrac.” ANNEXE mn or (Buazo SCRA 399). Inthe case invoked by petitioner entitled Tesco Services, Ine vx. Vera, 209 SCRA 440, G.R. No, 100011, May 29, 1992 which was decided before ‘adoption of CIAC Resolution 3-98 on August 25, 1993 the Supreme Court ratiocinated as follows: ta mo longer necessary forthe ‘agreement before they can invoke ss ight the raking in the case cited bo the questioned amendatory provision pirit and letter of E.0. No, 1008. tv. Original uridine po : oncom lusive juris ne ‘time under conditions provided by Veer urs a thet ag age a cae ‘tion for certiorari and pro” ian i 378 ‘THE LAW AND PRACTICE OF CONCILIATION AND ARBITRATION OF CONSTRUCTION DISPUTES SO ORDERED. (Sgd.) PORTIA ALINO-HORMACHUELOS Associate Justice WE CONCUR: (Sgd.) ARTEMON D. LUNA (Sgd.) RAMON A. BARCELONA. Associate Justice Associate Justice CERTIFICATION ision was reached after due consultation mn in accordance with Section 13, Article Thereby certify that thii among the members of this Dit VIII of the Constitution, (Sgd.) ARTEMON D. LUNA * Chairman

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